Alternative Fuel Excise & Infrastructure Tax Credit
A tax incentive is available for alternative fuel that is sold for use or used as a fuel to operate a motor vehicle.
The tax credits consist of:
- Propane credits are covered at $0.36 / U.S. gallon.
- The alternative fuel infrastructure tax credit was also extended.
- Fueling equipment for propane and natural gas is eligible for a tax credit of 30% of the cost, not to exceed $30,000 per property.
For more information, visit the U.S. Department of Energy‘s website.